2-bedroom property · SE9 2TA
For saleListed 2333 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PRICE OFFERS IN EXCESS OF £235,000 LEASEHOLD LEASE DETAILS: 999 years from 1988 Ground Rent: Peppercorn Maintenance: £694.32 per qtr 2020/21 This TWO BED GROUND FLOOR FLAT forms part of the EVER POPULAR SOUTHEND HOUSE RETIREMENT COMPLEX (minimum age 55 years).
In recent years a new kitchen has been fitted and the bathroom/wc has been upgraded.
This is a VERY FRIENDLY DEVELOPMENT with a good social side - there's a residents lounge, beautifully kept and professionally maintained gardens - the front door on this one opens straight onto them, there is also an ONSITE SCHEME MANAGER all within a well structured and SECURE GATED COMMUNITY .
COMPACT, AFFORDABLE AND EASY TO RUN - come and take a look.
'ECONOMY 7' ELECTRIC NIGHT STORAGE HEATERS, RECENTLY REDECORATED THROUGHOUT, NEW LAMINATE WOOD FLOORING, TWO BEDROOMS, LIVING ROOM 18'6 x 9'3, MODERN FITTED KITCHEN with OVEN AND HOB.
BUS STOP OUTSIDE THE DEVELOPMENT SERVING ELTHAM HIGH STREET and NEW ELTHAM. CONVENIENCE STORE within a FEW HUNDRED YARDS. WARDEN ALARM/INTERCOM with 24 HOUR HELP ON HAND. ENTRY PHONE.
PARKING SPACES AVAILABLE ON A '1st COME BASIS. IF YOU'RE THE RETIRING TYPE YOU SHOULD BE VIEWING THIS ONE! ENTRANCE HALL: Entrance door. Meter storage cupboard. Carpet. Warden alarm/intercom.
Electric night storage heater. Cupboard housing a cold water tank and lagged copper cylinder with immersion heater for hot water system (not tested).
LOUNGE 18'6 x 9'3: Period style double glazed window. Pine fire surround with an electric 'Coal glow' fire (not tested).
Open plan to:- FITTED KITCHEN 8'2 x 7'5: A modern kitchen, completely refitted in recent years. Base and wall units, inset 1 ½ sink and drainer.
Built in electric oven and grill with a four ring electric hob unit. Period style double glazed window. Laminate wood strip flooring. Tiled splash backs.
BEDROOM ONE 9'3 x 7'8: Double glazed window overlooking the gardens. Electric night storage heater. BEDROOM TWO 8'7 x 7'10: Double glazed window with a lovely outlook over the gardens. Carpet.
BATHROOM: Panelled with mixer tap and hand shower attachment, panelled wash basin and wc with low level suite. Full ceramic tiling. 'Dimplex' electric fan heater . Vinyl floor covering. Extractor fan.
COMMUNAL GARDENS: Professionally maintained and lovingly embellished by a number of enthusiastic residents. PARKING: Available on a '1st come' basis.
ENERGY RATING D THE PROPERTY MISDESCRIPTIONS ACT The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
A buyer is advised to obtain verification from their solicitor or surveyor. References to the tenure of a property are based on information supplied by the seller.
The agent has not had sight of the title documents. A buyer is advised to obtain verification from their solicitor. W03.ELT.DJH.SH.28
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Footscray Road, London, SE9
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